2017/06/25 | 16:11
(Encyclopedia of this Day News | Iraq News ) - Direct: Bank for International Settlements said on Sunday it is the major central banks should move towards raising interest rates while it recognized that the financial markets will see some of the unrest that will be overcome on the track, according to Reuters.
He said the bank, according to Reuters news agency, in a recent report that global growth may soon return to the average levels in the long term after a significant improvement in sentiment over the previous year.
The bank said that good communication from the central banks will be important, but most important is the need for banks to become strong enough to cope with any disorder.
The Bank for International Settlements identified four major risks to the global horizon in the medium term, a sudden leap